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answers enough thank you for your time Asbede ABCDdE ABCcDc AaBbccde Specing Heading ! Heading 2 Q1. First City Bank pays 8 percent simple interest

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answers enough thank you for your time

Asbede ABCDdE ABCcDc AaBbccde Specing Heading ! Heading 2 Q1. First City Bank pays 8 percent simple interest on its saving account balances, whereas Second City Bank pays 8 percent interest compounded annually. If you made a $6000 deposit in each bunk, how much more money would you earn from your Second City Bank account at the end of 10 years? A) $1533.55 B) $10,800 C) $12,953 D) $2153.55 Q2. At 9 percent interest, how long does it take double your money? A) 6.02 years B) 4.08 years C) 2.06 years D) 8.04 years Q3. XYZ, Inc., has an unfunded pension liability of $800 million that must be paid in 20 years. To assess the value of the firm's stock, financial analysts want to discount this liability back to the present. If the relevant discount rate is 8 percent, what is the present value of this liability? A) S171,638,566 B) $169,536,742 C) $170,338,442 D) $172,536,782 Q4. An investment offers $7000 per year for 15 years, with the first payment occurring 1 year from now. If the required return is 9 percent, what is the value of investment? A) S56,424.82 B) 565,314.12 C) 555,301.52 D) $57.656.48 Q5. Curly's Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $25,000 per year forever. If the required return on this investment is 7 percent, how much will you pay for the po From Grada malowe ngole kasonge to Everyone 141

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